Pizza Restaurant – Full Kitchen – Type 41 Beer & Wine License – Low Rent

Listing ID - 01985381JH

Discover a gem of an opportunity with this established pizza restaurant, brilliantly situated along a bustling thoroughfare ensuring prime visibility. The establishment has been a staple since 2016 and offers a potential new owner the flexibility to maintain its current concept or transition to a fresh culinary venture, pending landlord approval.

Highlights: Strategic Location: Set on a major road with excellent visibility, ensuring a consistent flow of customers.

Operational Potential: Currently operating 6 days a week (closed on Mondays) with hours from 2pm to 5pm. By extending operational hours and days, there's significant scope to boost revenues.
Minimal Competition: The restaurant boasts an advantageous position with minimal competition in the vicinity.
Licensing: Comes with a Type 41 beer and wine license, adding another revenue stream and enhancing the dining experience.
Spacious Interiors: Sprawling over 1,900 sq ft, the establishment houses a full-fledged kitchen, ready for diverse culinary endeavors.
Financials:
Monthly Gross Average: $35,000
Monthly Rent: $3,200
Monthly Net: $8,000
Lease Details: Attractive lease term of 5 years, including options for renewal.

This venue brims with untapped potential, offering a golden chance for culinary entrepreneurs or seasoned restaurateurs to leave their mark in North Orange County. Don't miss out on this lucrative opportunity!

Down Payment: $139,000

Total Sales: $420,000

Cash Flow: $96,000

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: $50,000

FFE Included: Yes

Inventory: $2,000

Inventory Included: No

Year Established: 2010

Days & Hours of Operation: 6 Days Open (Tue - Sat: 5pm to 2am) / (Sun: 4pm to 10pm)

Owner Hours Per Week: Full Time

Non-Owner Payroll: N/A

Absentee Owner: No

Lease Option: 3 Years Option

Real Estate: N/A

Monthly Rent: $3,200

Type of Location: Strip Center

Square Footage: 1900

Franchise: No

Reason For Sale:

Family